Remodeled Fourplex with 3BR/2BA
1380 QUINCE St Sweet Home, OR 97386
1380 QUINCE St, Sweet Home, OR, 97386
$870,000
For Sale
$870,000
MULTI_FAMILY - SweetHome, OR
Property Size5,024 SF
Lot Size0.34 Acres
Price / SF$173.17
Days on Market336
Property Features for 1380 QUINCE St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 11
- Bathrooms
- 8
- Rooms
- Bedroom 1, Bathroom 5, Bedroom 10, Bathroom 2, Bedroom 11, Bathroom 8, Bedroom 7, Bedroom 5, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 9, Bedroom 8, Bathroom 6, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 7
- Standard status
- Active
- APN
- 0243317
- Size
- 5,024 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Description
- 13S01E31AA
- Tax Annual Amount
- 7811
Building Details
- Year built
- 1997
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Shingle
Listing agency
Premiere Property Group, LLC
(503) 670-9000
Listed by
Greg Watkins
(503) 381-0839
Added: Aug 21, 2025 Updated: Jul 22 at 4:35PM Checked: Jul 22 at 9:06PM
MLS# 412533451
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This remodeled fourplex offers four separate 3-bedroom, 2-bath units, each updated with modern finishes and kitchen improvements. The property is described as including brand-new stainless steel appliances, updated kitchens, and thoughtful interior design across all units.
Located at 1380 QUINCE St in Sweet Home, Oregon, the building sits on a 0.34-acre lot in an R1 zoning district within Linn County. The seller notes the property is near parks and local amenities.
With 5,024 square feet of total building area, the configuration is designed for multi-unit rental living, with consistent unit layouts and finish upgrades throughout.
Located at 1380 QUINCE St in Sweet Home, Oregon, the building sits on a 0.34-acre lot in an R1 zoning district within Linn County. The seller notes the property is near parks and local amenities.
With 5,024 square feet of total building area, the configuration is designed for multi-unit rental living, with consistent unit layouts and finish upgrades throughout.
Key Highlights
- Year built 1997
- Fourplex opportunity with multiple 3‑bedroom, 2‑bath units
- Each unit includes brand‑new stainless steel appliances and updated kitchens
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.3k | $13.80 |
| − Vacancy | −$1.6k | −$0.31 |
| EGI | $67.8k | $13.49 |
| − OpEx | −$20.3k | −$4.05 |
| NOI | $47.4k | $9.44 |
5,024 SF · lease $13.80/SF/yr · vacancy 2.28% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$677.5K
$592.8K – $790.4K
NOI $47,425 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$624.1K
$546.1K – $728.2K
NOI $43,690 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$1.46M
$1.28M – $1.71M
NOI $102,451 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Remodeled fourplex with four 3-bedroom, 2-bath units, featuring new stainless appliances and updated kitchens.
Where is this quadplex located?
The property is located at 1380 QUINCE St Sweet Home, OR.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: Year built 1997; Fourplex opportunity with multiple 3‑bedroom, 2‑bath units; Each unit includes brand‑new stainless steel appliances and updated kitchens
